Equipping you with every word to gain more ground.
Stock control is the process of managing stock levels to ensure that the value of stock is minimised consistent with offering customers an appropriate service level. Control is affected by setting appropriate targets for minimum, reorder, safety stock and maximum stock levels, and adjusting reorder quantities and timing.
Inventory Control e-Learning courses are available at Academy of Procurement.
« Back to Glossary IndexDiscover the world’s largest Glossary of Procurement terms
With over 800 Procurement specific terms (and growing) you will find everything you need to know or thought you knew about the Procurement function. Our aim is to provide you with a comprehensive list collated from the Comprara Groups hub of training and procurement consulting source materials.The Procurement Glossary has been compiled by industry expert Paul Rogers.
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